What does this program do?
1) Income 2) Credit 3) Realtor 4) Loan officer 5) Bank!

     Don’t let anyone tell you that you can’t afford to buy a home when the fact remains that as long as you have been renting and filing taxes for the last two years your ready to go. This Zero Down Zero Closing program means It’s cheaper for you to buy than it is for you to rent. Your income tells you how much of a house you can afford and were here to tell no matter if it’s a house, condo, or town home you will never own your dream home if you continue to rent. There are tons of duplexes, town homes, and condo’s available for you with mortgage payments around $500.00 monthly in great environments. #Get Credit- We match you with the right credit representative! #Get Land- We match you with the perfect buyer’s agent! This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural home buyers.

  • Meet income-eligibility
  • Agree to personally occupy the dwelling as their primary residence
  • Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
  • Have the legal capacity to incur the loan obligation
  • Have not been suspended or debarred from participation in federal programs
  • Demonstrate the willingness to meet credit obligations in a timely manner
  • Purchase a property that meets all program criteria
  • What is an eligible area?
  • Check eligible addresses for the loan guarantees.
  • How may funds be used?
  • Funds backed by loan guarantees be used for:
  • New or existing residential property to be used as a permanent residence.  Closing cost and
  • Reasonable/customary expenses associated with the purchase may be included in the transaction
  • A site with a new or existing dwelling
  • Repairs and rehabilitation when associated with the purchase of an existing dwelling
  • Refinancing of eligible loans
  • Special design features or permanently installed equipment to accommodate a household member who has a physical disability
  • Reasonable and customary connection fees, assessments or the pro rata installment cost for utilities such as water, sewer, electricity and gas for which the buyer is liable
  • A pro rata share of real estate taxes that is due and payable on the property at the time of loan closing.  Funds can be allowed for the establishment of escrow accounts for real estate taxes and/or hazard and flood insurance premiums
  • Essential household equipment such as wall-to-wall carpeting, ovens, ranges, refrigerators, washers, dryers, heating and cooling equipment as long as the equipment is conveyed with the dwelling
  • Purchasing and installing measures to promote energy efficiency (e.g. insulation, double-paned glass and solar panels)
  • Installing fixed broadband service to the household as long as the equipment is conveyed with the dwelling
  • Site preparation costs, including grading, foundation plantings, seeding or sod installation, trees, walks, fences and driveways

Why does USDA Rural Development do this?
This program helps lenders work with low and moderate income families living in rural areas to make home ownership a reality. Providing affordable home ownership opportunities promotes prosperity, which in turn creates thriving communities and improves the quality of life in rural areas.

With a 640 credit score your pre-approved for this first time home buyer program!  Get matched with the perfect credit representative whom understands your time frame and needs.